The Editor's Desk: Stimulus plan – Ramarecovery or Ramafailure?

Loading player...
In this episode, Alec Hogg and Felicity Duncan discuss the proposed SA stimulus package, asking whether it's going to spell Ramarecovery or Ramafailure. Cyril Ramaphosa has outlined a plan to boost investment in the hopes of reigniting growth and launching South Africa out of recession. Many questions, however, remain. Much depends on the specific projects and interventions that the government spends the money on. While the plan could help boost long-term growth potential, there are definite risks. They also delve into two mounting global crises: the widening US/China trade war and the rising possibility of a hard Brexit. Both of these threaten to worsen SA's economic situation at a moment when the country can ill-afford additional challenges. Learn more about your ad choices. Visit megaphone.fm/adchoices
22 Sep 2018 5AM English South Africa Investing · Business News

Other recent episodes

Helen Zille on Joburg, coalitions and the price of power

She said she hadn't exchanged a single word with the ANC about a post-election deal. Helen Zille then told Alec Hogg who she thought was talking to them. The DA's Johannesburg mayoral candidate took on Corné Mulder's claim of a backdoor ANC pact and compared Gayton McKenzie's Patriotic Alliance to…
25 Sep 12PM 34 min

Why Jakkie Cilliers (ISS) guarantees Africa in 2050 will be far more stable than today

At a time when news headlines across Africa highlight political friction, economic distress and security concerns, a guarantee of better times ahead may sound almost provocatively optimistic. Yet Dr Jakkie Cilliers, founder of the Institute for Security Studies and head of its African Futures and Innovation Programme, bases that guarantee…
25 Sep 5AM 35 min

Andy Calitz on Eskom, the job he didn't get, and what came next

He was on the shortlist to run Eskom and lost out to André de Ruyter. Years later, Andy Calitz, who ran South Africa's transmission grid before a career that took him from Shell to Gazprom's control room and the helm of LNG Canada, still thinks about it most weeks. In…
25 Sep 3AM 55 min

Warren Wheatley breaks his silence on his FSCA debarment

Three trades, R301 in total, and a 20-year ban from the financial sector. Warren Wheatley, the chartered accountant who helped put together the Capitec empowerment deal and went on to found Altvest, now Africa Bitcoin Corporation, broke his silence to Alec Hogg days after resigning as CEO. The FSCA says…
23 Sep 12PM 54 min